Global Coal and Mining Pvt. Ltd. vs. National Faceless Penalty Centre
Case No: ITA No.2682/Del/2024
Court: Income Tax Appellate Tribunal, Delhi Bench ‘B’, New Delhi
Date: 3/18/2025
Parties Involved
appellantGlobal Coal and Mining Pvt. Ltd.
respondentNational Faceless Penalty Centre
Facts Summary
The assessee, Global Coal and Mining Pvt. Ltd., is engaged in the business of beneficiation of coal and generation of wind and solar power. The company filed its return of income on 12.02.2021, which was later revised on 31.03.2021. The return was processed, and the case was taken for scrutiny. The assessment was completed with an addition of Rs.99,58,838/- after disallowing the deduction claimed on account of Education Cess on Income Tax. The Assessing Officer initiated penalty proceedings unde…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the notice and order imposing penalty are illegal, bad in law, and without jurisdiction.
- 2. Whether the penalty was levied in a generic manner without specifying the charge.
6 more legal issues analysed in this judgement.
Precedents Relied Upon
6 precedents cited in this judgement.